Safes and Vaults Market Expected to Reach $6,907 Million, Globally, by 2023

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Pages 178 Publish Date Nov 2017
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Safes and Vaults Market
The safes and vaults market is in its growth
phase, and is expected to grow at a CAGR of 6.0
during the forecast period. Organizations focus
on improving their product offering to cater to
the rise in market demands, which drive the
market growth during the forecast period. Europe
was the highest shareholder in terms of revenue,
while Asia-Pacific is expected to grow at the
highest CAGR during the forecast period.
Research Analyst, ICT Media and BFSI at
AMR Pankaj Lanjudkar
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Safes and Vaults Market Overview

• The Global Safes and Vaults Market was valued at
  4,727 million in 2016, and is projected to reach
  6,907 million by 2023, growing at a CAGR of 6.0
  from 2017 to 2023. The non-banking sector segment
  is anticipated to grow at the highest rate during
  the forecast period.
• Technological innovation in product offerings,
  increased ATM installation base, rise in crime
  rates, increase in application areas among end
  users, supportive and evolving infrastructural
  security needs among developing and developed
  economies, and heavy venture capital investments
  in RD activities to develop solutions with
  enhanced capabilities drive the market. In
  addition, government organizations and companies
  enhance their building security infrastructure
  due to rise in number of criminal incidences.
  This in turn boosts the growth of the safes and
  vaults market.
• Read more at https//www.alliedmarketresearch.co
  m/safes-and-vaults-market

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Safes and Vaults Market Key Benefits

• The cash management safes segment accounted for
  the highest share of the global safes and vaults
  industry in 2016, growing at a CAGR of 5.1 from
  2017 to 2023.
• The banking sector of the safes and vaults market
  generated the highest revenue share in 2016, and
  is projected to grow at a rate of 5.2.
• The Europe safes and vaults market generated the
  highest share, valued at 2,004 million, in terms
  of revenue in 2016.
• The safes and vaults market for non-banking
  sector segment is expected to witness the highest
  growth rate during the forecast period.

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Safes and Vaults Market By Geography
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Safes and Vaults Market By Type
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Safes and Vaults Market By End-User
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Key Players In Industry

• American Security Products Co.
• Godrej Boyce Manufacturing Co. Limited.
• Diebold Nixdorf, Incorporated.
• Dormakaba
• Gunnebo Industries AB
• Access Security Products Ltd.
• Alpha Safe Vault, Inc.
• Acme Security Systems.
• BJARSTAL s.a.r.l.
• Bode-Panzer GmbH
• Download free Sample Report
• https//www.alliedmarketresearch.com/request-sampl
  e/4354

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Safes and Vaults Market Segments
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Safes and Vaults Market By Geography

• North America, Europe, Asia-Pacific, LAMEA

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